Factbox: Tax reform options floated in Senate – draft
(Reuters) – A list of tentative tax reform options, most of them modest administrative steps, was circulating on Thursday in the U.S. Senate among members of the finance committee and lobbyists. In a nine-page document obtained by Reuters, some of the specific options included the following: – Repeal the individual and corporate alternative minimum tax, a levy meant to ensure the payment of at least some tax, but which often requires duplicate tax calculations. This was one of few options on the list that would represent a major change in U.S. tax policy. …